ATVI - Activision says $69B sale to Microsoft remains on track for June close
- Activision ( NASDAQ: ATVI ) said its planned $69 billion sale to Microsoft ( NASDAQ: MSFT ) remains on track to close in the quarter ending in June.
- "We continue to expect that our transaction will close in Microsoft’s current fiscal year ending June 2023," Activision ( ATVI ) CEO Bobby Kotick said in a statement in the video game maker's Q3 results.
- The reiteration comes after Activision ( ATVI ) shares ticked down 1.2% in regular trading on Monday at least partly following a New York Post report that insiders at the game maker are worried that Microsoft's deal could be thwarted by regulators.
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Activision says $69B sale to Microsoft remains on track for June close